China ITS (Holdings) Balance Sheet Health
Financial Health criteria checks 6/6
China ITS (Holdings) has a total shareholder equity of CN¥2.1B and total debt of CN¥275.0M, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are CN¥3.1B and CN¥1.0B respectively. China ITS (Holdings)'s EBIT is CN¥180.8M making its interest coverage ratio -47.7. It has cash and short-term investments of CN¥484.6M.
Key information
13.3%
Debt to equity ratio
CN¥275.02m
Debt
| Interest coverage ratio | -47.7x |
| Cash | CN¥484.56m |
| Equity | CN¥2.06b |
| Total liabilities | CN¥1.03b |
| Total assets | CN¥3.10b |
Recent financial health updates
These 4 Measures Indicate That China ITS (Holdings) (HKG:1900) Is Using Debt Safely
Oct 06
We Think China ITS (Holdings) (HKG:1900) Can Manage Its Debt With Ease
Sep 09Does China ITS (Holdings) (HKG:1900) Have A Healthy Balance Sheet?
Apr 05Recent updates
China ITS (Holdings) Co., Ltd.'s (HKG:1900) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Apr 05The Market Doesn't Like What It Sees From China ITS (Holdings) Co., Ltd.'s (HKG:1900) Revenues Yet
Jan 24The Return Trends At China ITS (Holdings) (HKG:1900) Look Promising
Nov 29These 4 Measures Indicate That China ITS (Holdings) (HKG:1900) Is Using Debt Safely
Oct 06China ITS (Holdings)'s (HKG:1900) Returns On Capital Are Heading Higher
Aug 24China ITS (Holdings) (HKG:1900) Is Experiencing Growth In Returns On Capital
May 22China ITS (Holdings) (HKG:1900) Might Have The Makings Of A Multi-Bagger
Feb 01We Think China ITS (Holdings) (HKG:1900) Can Manage Its Debt With Ease
Sep 09Returns At China ITS (Holdings) (HKG:1900) Are On The Way Up
Jun 28China ITS (Holdings) (HKG:1900) Is Experiencing Growth In Returns On Capital
Mar 09China ITS (Holdings) (HKG:1900) Has Some Difficulty Using Its Capital Effectively
May 27Does China ITS (Holdings) (HKG:1900) Have A Healthy Balance Sheet?
Apr 05Update: China ITS (Holdings) (HKG:1900) Stock Gained 62% In The Last Year
Feb 11What Do The Returns At China ITS (Holdings) (HKG:1900) Mean Going Forward?
Dec 03Financial Position Analysis
Short Term Liabilities: 1900's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 1900's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥4.5M).
Debt to Equity History and Analysis
Debt Level: 1900 has more cash than its total debt.
Reducing Debt: 1900's debt to equity ratio has reduced from 40% to 13.3% over the past 5 years.
Debt Coverage: 1900's debt is well covered by operating cash flow (51.8%).
Interest Coverage: 1900 earns more interest than it pays, so coverage of interest payments is not a concern.